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Royal Caribbean (RCL) Lowers Yield Forecast as Middle East Turmoil Hits Bookings
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Royal Caribbean Trims Yield Forecast as Iran War Hits Bookings Royal Caribbean Cruises Ltd. trimmed its yield forecast and said it sees a “modest” impact on bookings from geopolitical turmoil. The cruise line now expects net yields — the amount of money it makes from passengers — to rise 2.35% to 2.85% this year, a narrower range than previously expected and 20 basis points lower at the midpoint.
Royal Caribbean Trims Yield Forecast as Iran War Hits Bookings
Royal Caribbean Cruises Ltd. trimmed its yield forecast and said it sees a “modest” impact on bookings from geopolitical turmoil.
The cruise line now expects net yields — the amount of money it makes from passengers — to rise 2.35% to 2.85% this year, a narrower range than previously expected and 20 basis points lower at the midpoint.